Saint Mary Parish, Louisiana home prices
Typical home $125,473 · +3.5% in a year · property tax 0.39%
The typical home in Saint Mary Parish is worth $125,473, 41% less than the Louisiana typical home ($213,867). Values changed +3.5% in the past year and -6.7% over five years. Homeowners here pay a median 0.39% of their home's value in property tax each year ($492 on the typical home), versus 0.55% statewide.
Mortgage on the typical Saint Mary Parish home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $25,095 | $100,378 | $675 | $0 | $104 | $779 | $33,400 |
| 10% down | $12,547 | $112,925 | $760 | $47 | $104 | $910 | $39,000 |
| 5% down | $6,274 | $119,199 | $802 | $50 | $104 | $955 | $40,900 |
| 3.5% down (FHA) | $4,392 | $123,200 | $829 | $55 | $104 | $988 | $42,300 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.39% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
What it takes: see what you can afford by salary in Louisiana · part of the Morgan City metro area.
Louisiana counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Franklin Parish | $122,168 | -1.7% | 0.31% |
| Jackson Parish | $120,754 | +2.9% | 0.3% |
| Catahoula Parish | $119,514 | +14.8% | 0.32% |
| Tensas Parish | $132,137 | -12.4% | 0.26% |
| West Carroll Parish | $132,423 | +9.8% | 0.21% |
| Concordia Parish | $118,343 | +9.6% | 0.37% |
| Caldwell Parish | $133,154 | +10.6% | 0.44% |
| Avoyelles Parish | $133,617 | +3.9% | 0.2% |
| Allen Parish | $116,112 | -5.0% | 0.26% |
| Saint Landry Parish | $135,021 | +0.8% | 0.29% |
Frequently asked questions
What is the average home price in Saint Mary Parish, LA?
The typical home value in Saint Mary Parish is $125,473 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Saint Mary Parish?
About $33,400 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Saint Mary Parish?
The median effective rate is 0.39% of home value a year (Census ACS 2024 5-year estimates).